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 OZschwitz: Investors disgusted by Rudd's tax reforms

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RR Phantom

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OZschwitz: Investors disgusted by Rudd's tax reforms Vide
PostSubject: OZschwitz: Investors disgusted by Rudd's tax reforms   OZschwitz: Investors disgusted by Rudd's tax reforms Icon_minitimeThu May 06, 2010 3:41 am
As the dust settles on the Henry Tax Review, retail investors have slammed the reforms as bad for the stock market and criticised the Rudd Government's decision to adopt so few of the 138 tax reform proposals.

The latest exclusive Investor Pulse survey by market research group Colmar Brunton and BusinessDay indicates that 64 per cent of investors believe the tax reforms outlined on Sunday are bad for the stock market.

These findings came as the overall stock market extends its slump, with miners, consultants and analysts continuing to condemn the proposal to introduce a 40 per cent resources tax.

LNK
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OZschwitz: Investors disgusted by Rudd's tax reforms

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